Amount that is in excess of the par value, i.e. the positive difference between the present value and the nominal principal value.

If a bond is selling above its face value, it is said to sell at a premium.

1. A bounty or bonus above a regular price, paid as an incentive to do something. 2. The price of insurance protection for a specified risk for a specified period of time.Comment: Meaning numbered 1 above indicates that one meaning of "Premium" is: Something in addition to the regular price. In meaning numbered 2 "Premium" is the price itself. 3. A "give-away" - a reward or prize.

a) The opposite of discount; b) The amount paid at the time of purchase (eg. of an option); or c) a periodic payment made towards an insurance policy. Prepaid interest The ability to prepay interest months in advance. Up to 13 months can be claimed under current legislation.

The amount you pay monthly to participate in your insurance plan and keep it active. You pay the premium whether you receive medical care or not.

A term used to describe the price paid for a covered warrant.

This is the price of an option contract.

Prospectively determined rate for insurance coverage for specific health benefits. Generally, a health insurance plan will have different premium rates for single subscribers, married subscribers and for subscribers with dependants.

The agreed-upon consideration payed by an insured to an insurer in accordance with an insurance contract.

A payment to an insurance company for health insurance coverage

A payment for your health insurance. You might pay a premium to Medicare, an insurance company, or a health care plan. You usually pay premiums on a regular basis, such as monthly or quarterly.

The amount of cash that an option buyer pays to an option seller

The consideration for a policy, paid by the insured to the insurer. This term refers to the amount of money being paid to keep insurance coverage in force.

The amount paid by the policyholder for life assurance.   back

Shares or securities bought at a premium are bought for more than their par or face value. In the context of options, the premium is the cost of buying an option; it represents the maximum amount the option-buyer can lose (and is likened to an insurance premium) and is income for the option seller. Premium is also the opposite of discount.

Commonly refers to the cost of an option and is paid by the buyer to the seller. See Call Option, Put Option. Can also refer to any dollar value over and above the London Spot price which may be charged by a physical seller to deliver metal to a market other than London.

A measure of how far the share price of an investment trust is above its net asset value, expressed as a percentage of the net asset value per share.

The cost associated with a derivative contract, referring to the combination of intrinsic value and time value. It usually applies to options contracts. However, it also applies to off-market forward contracts.

Amount paid to maintain health insurance coverage.

Amount of money that an option buyer pays to the option writer (seller).

The amount of money paid to the insurance company in return for insurance protection. Typically, a premium is payable once a year for the next year's insurance coverage. Other modes of payment may include monthly, quarterly, semiannual or a single premium payment. Also see Life Product Comparison.

is the payment to the insurance company for insurance coverage.

Amount payable for benefits provided in a life insurance contract.

the fee that is paid on a regular basis for enrollment is a health plan.

Percentage above asset value at which shares of a stock or closed-end fund sells, or the percentage above conversion value at which a preferred stock sells. Regarding closed-end funds, it is the difference between the market price and the portfolio value.

The price to be paid by the policyholder to purchase an insurance policy.

This is the money the policyholder pays to the insurance company in return for the cover set out in the insurance policy.

The fee an insurance company charges in exchange for insurance coverage. Alternatively, the fee an MCO charges for provision of medical services.

The fee paid to the bail agent for posting the bail bond and assuming responsibility for the defendant appearing in court. This money is earned in full once the defendant is released on the bail bond. This amount usually ranges from 10% - 25%.

Amount payable. See term assurance.

An amount over and above the face value or stated price.

A periodic payment made by a policyholder (employer, individual) for the cost of insurance. (1)

the amount of money a policyholder pays for insurance protection.

The bail bond fee as regulated by the Department of Insurance typically ten percent of the bail amount.

The monthly amount payable to an insurance policy.

Refers to a bond or other security that is trading on the secondary market at a price in excess of its issuing price. For instance, a bond issued with a $1,000 face value may increase in value to more than $1,000 on the bond market if market interest rates drop. A bond or other security that sells for more than par value is said to be trading "at a premium." (Also see discount.)

The monthly amount due to an insurance company or health plan to cover the cost of the policy. (Your share of the group's expenses - See Health Insurance)

The amount you and/or your employer pay in exchange for insurance covered. Premiums are usually paid on a monthly basis.

When the market price of a unit is more than the NAV it is said to be trading at a premium.

Amount by which the purchase price of a security exceeds its par value, which decreases the effective yield of the security below the coupon rate.

Something offered for "free" or at a reduced price as an inducement to buy something else. Examples: "Buy a timeshare condo and receive a free television"… "Open a checking account and get a new toaster."

Amount by which a preferred stock, bond, option or shares of a closed-end investment company may sell above its par value or net asset value. For a new issue of bonds or stocks, it is the amount the market price exceeds the original selling price.

A regular payment of money into a policy to secure the contract; an alternative word is Contribution. Also describes what is paid for a share over its par value.

The amount paid to a health plan or insurance company by an employer or beneficiary for health insurance coverage.

For bonds: difference between the higher price paid for a bond and its face value (par).

the cost of an insurance policy developed by multiplying a company’s rate per thousand dollars for insurance by a multiple of one thousand dollar units.

Your premium is the amount of money you pay for your car insurance.

1 ) The amount often stated as a percentage, paid in addition to the face value of a mortgage when the mortgage is being purchased. 2) The charge for insurance coverage.

The "valuable consideration" for insurance.

The amount you pay for insurance cover.

The price of an option consisting of the sum of its time value & intrinsic value.

the opposite of a discount, refers to the increase in price of a newly issued stock. If used in the context of futures and options, the premium is the lump sum payable when purchasing a contract.

The payment made by a borrower to the lender for transmittal to HUD to help defray the cost of the FHA mortgage insurance program and to provide a reserve fund to protect lenders against loss in insured mortgage transactions. Return to Menu

The amount paid by the buyer of an option to the seller for the right to call or put the underlying security for a fixed period of time.

If the share price of an investment trust is higher then the net asset value (NAV) per share, the trust is said to be trading at a premium. The premium is shown as a percentage of the NAV. The opposite of a premium is a discount. Please see discount.

The single or regular payment made to the insurer in respect of a policy.

Generally, the excess of cash commodity value over a futures contract or over another cash commodity value or of one futures contract price over another. Can also mean option premium, which is the value of the option at the time of its sale. The buyer pays the premium (which is limited risk) and the seller receives the premium (which has unlimited risk. Option premium is the price determined by open outcry in the pit between buyers and sellers. Characteristics such as the strike price and expirations are already set in accordance to each particular contract.

the cost to you for your insurance policy

Payments made by the policy owner to the insurer for the insurance policy.

the money paid by the insured to the insurer in return for insurance cover or benefits payable; the positive difference between the current price of a security and its par value.

excess over the original price

another term to refer to your employee contribution plus whatever your employer pays for the coverage.

Rate that is charged under insurance/reinsurance contracts.

The sum of money paid for an insurance policy• Insurance - General

The difference between the price of an issue and the par value for issues selling above par.

The amount a buyer of an options contract pays to acquire the contract.

agreed upon fees paid for coverage of medical benefits for a defined benefit period. Premiums can be paid by employers, unions, employees, or shared by both the insured individual and the Plan sponsor.

The amount of money a policyholder pays for an insurance policy. The premium is calculated by underwriters to bring in enough money to establish reserves for future losses, pay current losses, and cover the company's operating expenses, including the cost of defending claims.

amount payable on a regular basis for something like a life insurance or household insurance policy.

(1) Excess amount paid for a bond over its face amount. (2) In insurance, the cost of specified coverage for a designated period of time.

( prime) A sum of money paid by the insuredin consideration of the protection afforded by the insurance policy.

Written premium is paid premium registered on the books of an insurer or reinsurer at the time a policy is issued. Premium received for a future exposure period is said to be unearned premium. For an individual policy, written premium minus unearned premium equals earned premium. Earned premium is recognized as income for the accounting period while unearned premium will be recognized as income in a future accounting period.

1) The price of an option; 2) The time value portion of the price of an "in-the-money" option or warrant; 3) The difference between the strike price of an option plus the price paid for the option and the market value of the underlying stock of an "out-of-the-money" option or warrant. Strike Price + Option Price -Market Value = Premium.

The amount paid by a Medicare beneficiary to obtain Part B (medical) insurance, or in some cases Part A (hospital) insurance.

The total amount paid for an insurance policy. For workers' compensation insurance, premiums are normally calculated using a rate per $100 of the payroll for covered employees.

The amount the policyholder pays for the insurance. back

What you pay to be covered by insurance.

The premium is the amount of money paid by the Option buyer to the Option seller to open an Option transaction. The Option premium represents the maximum amount of money that the Option buyer has at risk, while the Option sellers maximum profit is restricted to this amount of Option premium.

(1) dollar amount by which the market price of a bond exceeds its par value. (2) fee paid by a short seller to the lender of security that is sold short. (3) the amount at which a closed-end fund trades above its net asset value.

The amount of money paid to an insurance company by an employer or participant, usually on a monthly basis, to cover a specified level of benefit toward the cost of claims. Generally based on rating factors that include group demographics and experience.

Term for the amount of money the insured pays the insurer to purchase insurance.

The price of the insurance cover.

A fee that a buyer pays a seller for the right to have an option contract. Premium is determined by supply and demand and is mutually agreed to by the buyer and seller.

A sum of money paid as consideration for a bond.

refers to (1) the amount a price would be in creased to purchase a better quality commodity; (2) a futures delivery month selling at a higher price than another; (3) Cash prices that are above the futures price; (4) the price paid by the buyer of an option; or (5) the price received by the seller of an option.

of a Destination Symbol (Digot Symbol) is a charge, which is applied to your Credit Line. The Premium value goes towards increasing the 'Buy Price' of the Digot Symbol each session.

The payment to an insurer in consideration of the insurance coverage being provided.

With a call: The amount paid by the buyer to the writer/seller.

This is the money that is paid to the life insurance company regularly to support the policy.

this is the amount you pay for your insurance policy.

It refers to the amount the policy holder has to pay to the insurer on his sum insured to receive the compensation from the insurer at the time of his death during the policy term or at the time of maturity of the policy

Where insurance is required s part of the loan agreement it is the cost of that insurance, usually expressed s monthly or annually.

The price of an option agreed upon by the buyer and seller in open, competitive trading on the exchange trading floor.

The amount by which the price exceeds the par amount or maturity value of a bond; a dollar price greater than par.

the dollar amount or percentage a coin sells over its intrinsic value. Example: the American Eagle sells at a premium of 5% to 8%.

A regular or periodic payment paid to keep a policy in force.

The amount payable by the taker to the writer for entering the option. It is determined through the trading process and represents current market value.

the amount payable, for the information you have given, to insure your property and/or its contents for the period of insurance selected.

The premium is the money consideration which the insured pays for the undertaking of the insurance company.

An amount paid periodically (usually monthly) to buy health insurance coverage.

The annual cost of an insurance policy payable by the policyholder. Any policy fee amount is not included in the premium amount.

The amount of money a person pays to insure his or her vehicle.

The market value of a coin less the intrinsic value of its metal content. A coin that contains $6.00 of silver (intrinsic value) and sells for $7.50 (market value) has a $1.50 premium.

Amount you pay on a regular basis, this could be for an insurance policy depending on the mortgage product you choose.

1) The excess of one contract price over another, or over the cash market price. 2)The amount of money, securities or property agreed upon by the purchase and seller for the purchase or sale of a futures option contract.

The premium is the cost for coverage during a specified period of time.

The amount an insurance company charges as consideration for coverage.

the money paid to have insurance.

Rate that an insured is charged, reflecting his/her expectation of loss or risk.

A periodic payment by an insured to an insurance company in exchange for insurance coverage.

A monthly fee that is paid by the member or on behalf of the member for health insurance.

The amount by which a bond may sell above its par value. May also refer, also, to redemption price of bond if it is higher than face value. (See Discount)

the amount by which shares are issued above par value.

The payment, or one of the regular periodic payments, that a policy holder makes to an insurer in exchange for the insurer's obligation to pay benefits upon the occurrence of the contractually-specified contingency (e.g., death).

Payment made at fixed intervals for an insurance policy.

The money paid by an insured person or business for a health insurance policy.

also monthly beneficiary premium – the amount a beneficiary may pay monthly for Medicare Prescription Drug coverage.

The amount paid by an insured to an insurance company to obtain or maintain an insurance policy.

The money paid on an insurance policy.

The payment for an insurance policy or bond.

If the opening price of an IPO in the secondary market is higher than its offering price, the difference would be the premium.

The cost of the warrant. This is the amount you must pay today for the right to buy or sell an underlying asset or instrument at a future date for a fixed price.

The dollar amount an insurance company charges to provide the coverage in an insurance policy or bond.

The amount paid to the insurer for the insurance protection.

A payment to a life insurance company in exchange for a life insurance policy.

The amount you pay to purchase insurance policy.

The payments you make on a life insurance contract. Premiums can be paid monthly, quarterly, semi-annually, or annually.

The market price of an option - the price one pays for an option, which varies with market volatility, time, and the price of the underlying instrument.

The amount of money paid for a policy.

A mental or physical problem suffered by an insured prior to the effective date of insurance coverage.

The premium is the cost to buy the option (See 'How much do they cost').

The fixed amount paid, usually monthly, to the health care insurance plan for providing the health insurance coverage.

The amount paid by the policyholder for insurance.

The amount paid to obtain insurance coverage.

Amount of money paid to insurer for insurance coverage.

The money paid by the insured to the insurance company for insurance. (The cost for insurance.)

The amount by which the value of a security is above its face, or par, value.

Amount paid to purchase an option

The monthly amount paid for an insurance policy.

The minimum amount you are responsible for paying per year for health insurance coverage.

In insurance, a payment for coverage.

Payments made by an applicant or insured to purchase insurance and to maintain the coverage in force.

The dollar amount paid to an insurance company for providing health insurance coverage.

In relation to options, it refers to the price paid for an option. In relation to an IPO, it refers to an excess of a share price over the price at which it was subscribed for. Note it has other meanings in different contexts.

A regular payment of money into a policy to secure the contract. It also describes what is paid for a share over its par value. Premiums are sometimes also known as contributions.

difference between the offering price and opening price.

An option contract's price.

An options price has two components. They are the intrinsic value and time value. Premium is often referred to as time value. In the money call option - option strike 65. Underlying security is 67. Option price is 3. This is two points of intrinsic value and 1 point of premium. An out of the money call where the strike price is 65 and the underlying security is at 63 and the price of the option is 1-1/2. The premium would be 1-1/2. As there is no intrinsic value.

Consideration paid by the insured for the policy. The cost of the policy.

the difference between the par value of an issue and its actual price. Premiums which occur when the price is above par, are amortized over the life of a bond/note.

Periodic payment needed to maintain an active insurance policy.

This refers to the payment or purchase price of an option. Premium is affected by volatility, interest rates, strike price, and expiration date. The premium can be quoted in a number of ways. In exchange contracts, they are usually quoted in points of currency, whereas in the otc market, vanilla options are usually quoted in percentage of currency and/or volatility terms.

The amount by which the forward or futures price exceeds the spot price in the currency market.

The difference between the IPO price and its opening price is called the premium. Also called an IPO's pop.

The payment to have an insurance policy or bond.

An amount, usually measured in points, in excess of the loan balance owing, paid for the purchase of a note and trust deed.

The premium is an amount that the insured pays to the insurer. The insurer' promises to pay amounts to the insured in the event of specific losses.

The amount paid for a share over and above the nominal value of the share

The amount paid by the insured to the insurer to buy cover

The price of insurance protection. \l "top"

Fee paid by borrower to HUD to pay for cost of FHA mortgage insurance

The difference of the market price of a warrant over its intrinsic value.

A general term for the money paid for an insurance policy.

A premium is an amount that the insured or owner pays to the insurer in exchange for the insurer's promise to pay amounts to the owner in the event of specific losses.

This is the contribution / payment that a policyholder makes to a life insurance company to obtain insurance cover. He or she has a responsibility to ensure that the correct amount states is paid as and when it falls due as stated in the policy document.

The monthly payment paid to the insurance company for your coverage.

The total amount you pay for your insurance, including applicable government taxes such as GST, and any duties or charges payable by you. It is shown on your Schedule. You can pay your premium annually in one lump sum or by instalments.

The amount of money which must be paid for the insurance policy in order to keep it in force. p 156

The price of insurance paid to the insurance company for a policy.

The word “premium” used when discussing insurances or mortgages means the regular monthly payment you need to make.

The price of insurance coverage for specific risk for a specific period of time.

Predetermined amount paid by the plan participant to the insurance company to indemnify the plan participant against loss. Premiums may be made in a single payment or a series of payments.

A specified amount of money that the insurer receives in exchange for its promise to provide a policy benefit when a specific loss occurs.

The amount paid by a policyholder to the insurance company, in order to be covered under a policy.

A term meaning that the market price of a unit is selling for more than the actual NAV of the securities that make up that fund's portfolio.

This term refers to the monthly price you pay for your car insurance policy.

Periodic payments made to the insurance company in return for Life Insurance coverage.

The premium is the amount paid for an option.

A payment by a customer to a insurance company for coverage.

An additional sum of money paid as an incentive for someone to do something.

The payment by a policyholder to purchase an insurance policy.

the payment for an insurance policy, usually paid periodically

The annual costs of renewing an insurance policy.

special value. Securities bought at a premium are bought for more than their par or face value.

the amount paid regularly by a policyholder to an insurance company

The monthly fee required to obtain coverage in an insurance plan.

The premium is the cost or price of the option.

The amount paid per month for a benefit.

The monthly payment for health care coverage made to an insurance or health care plan. Medicare Parts B and D are voluntary programs that require the payment of premiums.

This is the rate or amount you pay each month or quarter for health plan coverage for an Individual and Family plan or a Medicare plan.

The price for insurance coverages selected for the policy period.

The regular contributions or single lump sum payment required to buy insurance cover.

The cost of the health plan coverage. It does not include any deductibles or co-payments the plan may require.

Payment for insurance coverage, typically made in annual, semiannual, quarterly or monthly increments.

the amount of money a policy holder pays to purchase an insurance policy for a specified period of time.

Payments to the insurance company to buy a policy and to keep it in force.

Fee that is charged to pay for Medicare coverage. Both Medicare Part B and Medicare Part D require the payment of premiums. Medicare Part B premiums are adjusted annually by the Federal government and Medicare Part D premiums are set by participating providers.

The fee that is charged to pay for insurance coverage.

this is the amount of money that the policyholder pays their insurance company in order to be protected by their policy.

The premium is the total amount paid to the insurance company for the benefits provided under the health plan. Typically a monthly charge, the group premium is paid in whole or in part by the employer on behalf of the employees or the employee's dependents for health insurance coverage.

When one takes out a policy, any policy, your premium will be the agreed amount that you pay according to your contract with the assurance company to enable you at some later stage to reap the benefits of the policy. A premium may be paid monthly or annually in which case it is referred to as a recurring premium. A once off investment is called a single premium investment.

The excess amount by which a security is quoted above its face value. This is opposite to discount.

A premium bond sells at a current market price that is more than its face value. Bonds sell at a premium when the coupon on the bond is higher than prevailing rates. For example, you might have to pay $1090 for a bond with a 6% coupon if new issues yielding 5.5% are available for $1,000.

The difference between the offer price and opening or current price during a new issue of shares through an IPO or rights issue.

The monthly amount benefit recipients pay for health care coverage for themselves and their covered dependents. The amount is deducted from the monthly STRS Ohio benefit or billed if the benefit is not large enough to cover the cost. Also referred to as a premium rate.

A monthly payment for insurance.

A fixed periodic payment for insurance coverage. Also referred to as rate.

The amount of payment due to the insurance company in exchange for the insurance.

The price paid for the exposure the warrants give the warrant holder (i.e. the price of the warrant)

Periodic payments made to a health plan by beneficiaries, for health care coverage.

A regular periodic payment to keep an insurance policy in effect.

1. The cost of buying an option. 2. The amount by which the price for one delivery date is greater than that for another date. 3. The difference in price between different refined products, eg between ingot and billet, 4. The addition in price over the LME price negotiated between physical trading partners for a specific product or delivery location.

The cost of your insurance policy and all the included coverage.

A specified amount of money an insurer charges in exchange for its promise to pay a policy benefit when a specific loss occurs.

the amount of money you pay to the insurance company for your coverage. All premiums are pooled by the insurance company, which then uses that money to pay out claims. More Information.

The amount payable for an insurance policy.

The amount paid for insurance coverage for a specified time.  The premium for health insurance is usually paid for by the insured or by an employer.

1. Something of value given free or at a nominal charge as an incentive to buy a product; 2. The amount by which a bond's market price exceeds its market value; 3. A fee paid on an insurance policy.

The amount of money paid (usually in regular installments) for the insurance coverage.

The price of an option contract, determined in the competitive marketplace, which the buyer of the option pays to the option writer for the rights conveyed by the option contract.

refers to the cost of your car insurance policy. Usually this is paid off in gradual increments or instalments.

The cost of the life cover. Usually paid monthly but can be paid annually and sometimes quarterly. For most policies the plan will come to an end if the premium is not paid for 1 month.

The amount you pay regularly, monthly or annually, to an insurer for an insurance policy.

(1) The amount by which a forward rate exceeds a spot rate. (2) The amount by which the market price of a bond exceeds its par value. (3) Options, the price a put or call buyer must pay to a put or call seller for an option contract. (4) The margin paid above the normal price level.

The amount by which the issue price of a share exceeds its par value. The opposite to discount.

The price an investor pays the writer of an option above the options intrinsic value.

The cost which the buyer of an option pays to the writer or seller of the option; normally only a very small fraction of the value of the underlying commodity.

The money the owner pays to the insurance company in order to obtain life insurance protection. Prime Rate - The base interest rate t commercial banks charge on loans.

A regular payment made by the insured to the plan in exchange for coverage. It might be paid annually, biannually, monthly, quarterly, or in a single payment.

The payment, or one of the regular periodic payments, that a policyholder makes to provide insurance coverage in a policy.

The amount of money an insurance company charges, based on a given rate, to provide the coverage described in the policy, or simply stated, the price of insurance protection for a specified risk for a specified period of time, typically one year.

Payment required to initiate and continue an insurance policy.

The amount paid at regular intervals for the insurance policy.

The cost of your auto insurance policy.

A price in excess of 100 percent of face value.

What the policyholder pays for an insurance policy. Premiums are paid monthly or annually according to the payment plan offered by the company.

In the currency markets, it is the amount of points added to the spot price to determine a forward or futures price.

The payment needed to keep an insurance policy in force... read full article

The amount an insurer charges for a health insurance policy. The premium amount is computed to pay for the expected costs of all health insurance expenses. Health insurance expenses include medical/surgical services, mental health and substance abuse services, and administrative costs and profits.

The single or regular payment made to an insurance company in respect of a policy.

The payment(s) necessary to keep an insurance policy in force. Premiums are calculated based on the applicant's/insured's risk level of incurring a loss.

A fixed dollar amount paid by a Medicaid beneficiary, usually on a monthly basis, to enroll or maintain enrollment in the Medicaid program. Premiums, may be imposed by state Medicaid programs only upon a very narrow class of beneficiaries, and only in certain amounts as specified in federal regulation.

the cost of insurance, which is usually computed at certain percentage of the shipowners declared valuation

Policy where the premium does not change over time.

A premium is the amount that a bond is sold at. This price usually ranges above its par value.

percentage indicating how much more expensive the purchase or sale of an option is than the direct purchase or sale of the underlying instrument.

an amount of money some insurance plans charge.

This is the payment you make to keep your policy in place. See: term assurance.

When the share price is higher than the NAV (Net Asset Value) it is referred to as trading at a premium. The premium is expressed as a percentage of the NAV.

The amount paid for insurance cover.

The amount paid to an insurance carrier or health plan for providing insurance coverage under a contract.

The consideration (price) paid by the insured to the insurer for insurance protection over a specified period.

An insurance premium is the money the policyholder pays to the insurer for financial protection against specific risks for a specific time span. Unlike the premiums for many forms of life insurance, property and casualty insurance premiums are not intended to produce a reward other than financial peace of mind.

1. the cost of an insurance policy. 2. the value of a mortgage or bond in excess of its face amount

A set fee to participate in a health care plan. If you have health coverage through your work, your premium will likely be deducted from your paycheck.

The price of an option–the sum of money that the option buyer pays and the option seller receives for the rights granted by the option.

The cost of a group life insurance policy. Employees' risk factors, type of business, and location of business all are considerations when the insurance company sets the premium.

When a derivative is trading above the current market price it is said to be trading at a premium. A futures market that is trading above the level of the spot market is said to be trading at a premium.

1) Total price of an option: intrinsic value plus time value. 2) Often this word is used to mean the same as time value.

refers to the amount a plan member needs to pay for his/her health insurance.

Insurance dollars paid to an underwriter to accept a transfer of risk .

The amount that a person pays for the insurance.

The amount by which a bond's market value exceeds its issuing price (par value). A $1,000 bond selling at $1,063 carries a $63 premium.

Money paid by a policyholder—usually annually, semiannually, quarterly, or monthly—for insurance coverage. Premiums are usually lowest if paid annually or through a plan whereby the insurance company automatically debits your checking account for the premium. Premiums are determined by the insurer's application of a rate against an exposure factor.

The amount by which a share is quoted above its paid-up value.

the negative difference between the purchase price of a bond and its par value. Purchasing a bond at a premium suggests the purchaser paid more than par value for the bond.

The monthly charges due which the insured or the insured's group must pay to maintain coverage.

the amount of money paid by a buyer and received by a seller for an option

The price of an insurance policy.

The amount of money paid for a specific type of insurance coverage or benefit.

The amount that an individual who wants health care coverage must pay to an insurer, health plan or Medicare.

The sum paid by a policyholder to keep an insurance policy in force.

The amount of money that the policyholder agrees to pay to the insurance company for the risk covered in the insurance policy.

The price that must be paid to acquire rights to hold an option against an underlying futures contract. For the buyer of an option, the premium is the price paid. For the seller or writer of an option, the premium is the price received.

The predetermined amount that is paid by the health insurance policy holder either monthly or up front in return for the policy Benefits provided by the Carrier.

The amount charged by a dental benefit organization for coverage of a level of benefits for a specified time.

The amount you pay monthly or biweekly for insurance.

The amount the insurer charges in exchange for coverage.

The price of the policy, this may be a one-off payment or regular monthly installments.

The cost of purchasing an option, usually paid with spot value from the initial transaction date.

1.) The excess of one futures contract price over that of another, or over the cash market price. 2.) The amount agreed upon between the purchaser and seller for the purchase or sale of a futures option -- purchasers pay the premium and sellers (writers) receive the premium.

The difference between the market price of a security and its face value. A premium bond sells above face value because its interest payments are higher than the current interest rates. Opposite of discount.

Up front amount paid to initiate a collar or cap.

This generally refers to extra money an investor is willing to pay to buy or sell something. For a bond, a premium is the amount for which the security sells above its par value. For a stock, a premium is the amount that a security's price exceeds those of its peer group, or comparable stocks.

The amount set by the policy to be paid to the insurer for benefits provided under the contract.

The price an actual or prospective lessee pays to a lessor, usually in return for the rent being reduced to below what otherwise would be payable. Or a sum paid at the outset for the purchase of a lease. (See also reverse premium.)

The price an individual pays for insurance.

The amount of money you pay—or your employer pays—for insurance.

The fee a policyholder pays to an insurance company for coverage. It does not include deductibles or co-payments.

The amount of money required at specified intervals to keep a policy contract in force.

The term used for the rate charged for a given form of insurance policy or annuity contract at a given age, or the amount payable to the company for the benefits provided under a certain contract.

what an individual or an employer pays for insurance. Some times the premiums are a fixed amount paid or a wage-based premium which is a percentage of payroll.

CLOSE The amount paid to a plan for coverage. The employer premium is the amount your employer pays each year. The employee premium is the amount you pay each year. Your employer typically deducts equal amounts from each paycheck throughout the year to pay for your annual employee premium.

The periodic price that an insurance policy holder pays in exchange for the protection outlined in their contract.

the money paid to an insurance company for coverage.

Payment required to keep a policy in force

The amount of money which the insurance company charges to provide insurance coverage.

The amount paid by the employee and/or employer to keep an insurance policy in force.

The total cost of insurance, found by multiplying the rate by the number of units covered.

the price paid by an insured for insurance coverage for a set period of time.

The amount you pay for your insurance. It is shown on your current certificate of insurance. It is different from any excess, which you only pay when making a claim.

The amount you pay in exchange for health insurance coverage. Primary Care Physician Under a health maintenance organization (HMO) or point-of-service (POS) plan, a primary care physician is usually the first contact for health care. This is often a family physician, internist, or pediatrician. A primary care physician makes referrals to specialists if necessary.

"The amount by which the issue price of a bond exceeds its face value, which occurs when the market interest rate is lower than the face interest rate."

Consideration paid for an insurance policy. lacement An allotment of shares made directly from the company to investors, rather than through the medium of a cash issue. Pre-emptive rights he existing shareholders reserve the right of first refusal should any shareholder wish to sell (usually embodied in the company's Constitution). rescribed interests Shares, stocks, bonds, debentures etc. remium as an extra amount above par value, payable upon issues of shares. This is no longer allowed. rice Earnings Ratio (PER) The relationship that a company's profits bear to the current sale price/value of its shares, usually expressed as: Market value of share Earnings per Share Example: 2001 2002 Last sale price $ 3.25 $ 4.00 Earnings per share 20c 40c PER 16.5 times 10 times rimary share sale This is the term used to describe the initial issuing or allotment of shares from a company to its shareholders. Principal In the case of a loan, refers to the actual amount borrowed and on which interest is paid. Pro rata In proportion. Profit Total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles.

The rate that an insured is charged reflecting their expectation of loss or risk.

The fee to be paid for the bond. The cost of the bond.

The payment made of insurance policy.

The monetary amount paid to the surety by the principal in order to obtain the bond.

In the currency market, it is the amount of pips added added/subtracted from the spot price to determine a forward exchange rate.

The agreed-upon amount of money paid to the insurance carrier for the policy. Public Adjuster. A licensed adjuster who represents the insured, and is paid by the insured, not the insurance company. Punitive Damages. Damages awarded by the courts in a lawsuit where the court seeks to punish the defendant for a wrong committed against others or their property. Punitive damages are not covered by insurance.

The payment, or one of the periodic payments, a policyholder is required to make for an insurance policy.

The amount paid to an insurance company in exchange for providing coverage for a specified period of time under a contract. Premiums are usually paid for a one-month period, but can be on an annual or quarterly basis. Primary Care Provider (PCP) The first health care provider a managed care plan's member is required to contact when he or she needs health care services, usually a physician specializing in primary care services. The PCP is responsible for knowing the member's complete medical history, performing routine health care duties, and referring the member to a specialist when necessary.

the amount you pay (usually monthly) for your insurance.

A specified amount of money that the insurer receives in exchange for its promise to provide health insurance to an individual or a group.

Payments or one of a series of payments, required by the insurer to put an insurance policy in force and keep it in force.

The price an option buyer pays to an option seller.

The term given to the cost of the policy.

In a perfect world, IPOs are designed to be priced at a discount to existing publicly traded companies. In theory, this is meant to reward early investors for buying an unseasoned company with no public track record. In reality, it is the lead manager's educated estimate on the highest price at which there will be solid demand for the IPO, both on the offering and in the aftermarket. The difference between the IPO price and its opening price is called the premium. Some investors think the difference between the IPO price and the price at the first day's close is a better measurement of the IPO premium due to the confusion that normally surrounds balancing buy and sell orders at the opening.

In gold coinage, the amount by which the market value of a gold coin exceeds the actual spot value of its gold content. Part of the premium is recovered by the seller at resale.

(1) The price of an option determined by traders on the Exchange float. (2) The difference between the issued price and the market price of a new security if it rises in value immediately after it is issued.

Money paid out in advance for insurance coverage.

1. The periodic payment on a policy of insurance. 2. The value of a debt instrument in excess of it face value. 3. Of highest quality.

A fee paid to an insurance company.

A price paid for a security in excess of its face value. ( See par )

The money paid to the insurance company, by the insured, for insurance coverage.

A product or service offered free or at a reduced price if the recipient performs some task, such as purchasing an item, meeting a sales quota, etc. Usually consumer-related.

The amount that is paid to an insurer, health plan, or Medicare for healthcare coverage.

A forward exchange rate standing at a premium over today's rate means that the currency concerned is more expensive in the forward market than now. If the 1 month forward dollar rate is 1.6770 per STG 1 and today's spot rate is 1.6810, then the dollar is at a premium over sterling as STG 1 buys less dollars 1 month forward than it does today. In foreign exchange quotations for forward contracts, the existence of a premium is normally signified by the banks selling margin (quoted first) being above the buying margin eg. 50/35.

The typically periodic payment that the consumer must make to their insurance company to put a policy in force and to keep a policy in-force.

The monthly payment for health care coverage to Medicare, an insurance company or a health care plan.

The price paid by a buyer to purchase an option. Premiums are determined by "open outcry" in the pits.

This refers to the value of an option, or its price, as listed on an exchange. This represents the cost if you are a buyer or cash in if you are a seller.

a payment or periodic payments made by the insured/owner to the insurer to keep an insurance policy in effect.

The amount above a regular price, paid as incentive to do something.

The price of an option is often referred to as the premium. Some traders prefer to state that they are either simply long or short premium

The money paid for an insurance policy based upon the coverage provided.

The premium is the amount the option holder must pay to purchase an option contract. The premium is payable on the trade date.

Rate that a plan subscriber pays for coverage of specific health services.

The sector is well defined in Australia with most products having the word “premium” in their name. However, the ultimate determinant is price.

This is the price that the buyer of the option pays to the option writer (seller). The premium is factored by the current marketplace conditions of the underlying stock, such as volatility time value, and volume.

The amount by which a bond sells above its par value. (See also discount.)

The amount you have to pay to buy the insurance. You may be able to pay in monthly instalments.

The cost of insurance or payment amount required by the insurance company to keep your policy in effect.

The regular (typically monthly) fee charged by third-party insurers and used to fund the dental plan.

The periodic payment to Medicare, an insurance company, or a health care plan for health care or prescription drug coverage.

A royalty paid by all players to the holder of a particular hand, with the amount and specific hand or hands determined prior to the beginning of play.

The price charged to purchase the coverage supplied by a policy.

The amount charged for insurance coverage for a set period of time.

(1) The additional payment allowed by exchange regulation for delivery of higher-than-required standards or grades of a commodity against a futures contract. (2) In speaking of price relationships between different delivery months of a given commodity, one is said to be "trading at a premium" over another when its price is greater than that of the other. (3) In financial instruments, the dollar amount by which a security trades above its principal value. See Option Premium.

The amount over face value paid for a security. If a security is selling for 101% of face value, it is said to be trading at a 1% premium over par. A security trading exactly at 100% of face value is trading at par value. The opposite of discount.

The price of an options contract.

The excess of a price over the nominal or face or par value of a security. The opposite of discount.

Amount paid for the purchase of an insurance policy.

The payment, or regular periodic payments, that a policyholder makes to own an insurance policy. J K M N O X Y Z

Consideration paid by the insured for an insurance policy.

The amount by which the purchase price of a security exceeds the Face value. Formula: Principal - (Principal * (Price / 100)).

An amount of money paid to an insurance company in return for insurance protection.

The cost of health plan coverage, not including any required deductibles or copayments.

The total amount paid by a policyholder in exchange for the coverage promised under a policy.

The up front payment made by the buyer of an option for the right to exercise the option in the future. If the buyer of an option decides not to exercise the option, then the option will expire and the buyer will have simply lost the premium. The seller or writer of the option, will have gained the premium.

Money paid by the insured to the insurer to pay for the insurance purchased.

The amount of money paid by the insured in order to maintain their policy.

Upward difference between issue price of a share or other investment and its market value.

The sum paid or agreed to be paid by an insured to the underwriter as the consideration for the insurance.

Yearly cost for the insurance. Supplemental insurance usually has a premium but HMOs usually have no premium.

The amount charged for an insurance policy. A premium is based on the type and amount of coverage you choose. Other factors affecting your insurance premium include your age, marital status, your driving and credit records, the type of car you drive and whether you live in an urban or rural area. Premiums vary by insurance company.

(1) In insurance, a specified amount of money an insurer charges in exchange for the coverage provided by an insurance policy or annuity contract. (2) In reference to bond prices, the excess of a bond's market price over the bond's par value.

The extra amount you are willing to pay for an investment.

Price of asset's futures price exceeding spot's.

The price an option buyer pays for the option, not including commissions.

The sum of money (determined through the central market on LIFFE CONNECT™) that an option buyer pays for the right to acquire the option, and that an option seller receives for incurring the obligation the option entails. Option premiums are expressed as a cost in pence per share or in £ per Index point. The total cost of an option contract for 1,000 shares (sometimes referred to as a 'lot' ) would therefore be 1,000 times the premium, e.g. one contract with a premium of 14p would cost £140 (1000 x 14p).

The additional cost of gold coin or bullion over and above the spot gold price. The premium includes the costs of fabrication, distribution and a minimal dealer fee. The average premium of a bullion piece at this time is 5% to 15% above spot gold. Rare coins carry an additional premium called numismatic value which is based on scarcity, quality, demand and intangible factors.

your regular payment for your insurance to your insurer.

A fee paid for an insurance policy.

Any debt security selling above its par value is considered to be trading at a premium.

The amount by which your cost or other basis in a bond right after you get it is more than the total of all amounts payable on the bond after you get it (other than payments of qualified stated interest).

What you pay a drug plan each month for coverage.

The amount by which the price paid for a security exceeds the security's par value

The amount paid to an insurer or reinsurer in consideration of his acceptance of a risk.

The amount of money paid for an insurance policy.

the monthly or annual amount paid by the patient, employer or both to the insurance plan (payer) for insurance coverage.

The price of an option, as determined by an options pricing model. options

In options, the price of a call or a put, which the buyer initially pays to the option writer (seller)

The cost of the insurance policy (usually paid out in periodic payments).

A periodic payment by the insured to the insurance company in exchange for insurance coverage.

For options, the total price of an option contract. The sum of the intrinsic value and the time value premium. For futures, the difference between the futures price and the cash price of the underlying index or commodity.

The payment, or one of regular periodic payments, that a policyholder makes to own an insurance policy.

(1) An amount that is added to a base salary to pay additional monies for situations such as graveyard shift, working weekends, or working away from home. (2) In an international situation the definition relates to an incentive that is paid to an expatriate. (3) One payment or a sequence of payments made for an individual or for a group to continue the insurance policy that is in force.

The amount paid for insurance coverage for specific health benefits. Generally, a health insurance plan will have different premium rates for single subscribers, married subscribers and for subscribers with dependants.

(Prime (à)) Amount by which the selling price of a security exceeds its par value.

If the share price of an investment trust is higher than the net asset value, the trust is said to trade at a premium. The premium is shown as a percentage of the share price. Most investment trusts actually trade at a discount.

The amount of money you pay into in an insurance policy. It can be a regular and continuing monthly payment or a one-off lump sum.

The amount by which a bond or preferred stock may sell above its par value. May refer, also, to redemption price of a bond or preferred stock if it is higher than face value.

In the currency markets, describes the amount by which the forward or futures price exceed the spot price.

An amount by which a price is increased in order to buy a product of a higher grade or quality.

A regularly scheduled payment to an insurer or health care plan.

The amount of money an insurance company charges for insurance coverage.

The money paid for insurance. Often, both employers and employees pay a premium. uality and Resource Management An organized program that combines the functions and monitoring of quality improvement, infection control, utilization review and risk management. einsurance A type of protection purchased by some managed care companies from insurance companies specializing in underwriting specific tasks for a stipulated premium.

The agreed upon, payment made to keep an insurance policy in force, usually a monthly payment.

The amount a member must pay to an insurance company or health care plan, including Medicare, as a fee for coverage. The frequency of this payment is unique to each plan.

what you pay the insurance company to get…and keep…an insurance policy in force.

This the amount that the insured pays to cover the cost of the insurance policy. This is usually up for renewal every year.

The premium is the amount of money you have to pay every month for your health insurance.

The percentage by which the underlying share price needs to have moved at maturity for the investor to break even. Premium for a call warrant (%)=[strike + (warrant price x conversion ratio) - share price] x 100% share price Premium for a put warrant (%)= [share price - (strike - (warrant price x conversion ratio)] x 100% share price

The price for coverage as described in an insurance policy.

means the amount payable as provided in this Disclosure Form/Contract.

The amount of money you pay periodically to maintain insurance coverage.

the amount of money an insurer charges to provide coverage.

the price of a coin over the value of its actual gold content.

More expensive than the spot price, e.g. Forward Premium.

Books sold at a reduced price as part of a special promotion. Premiums can thus be sold to a bookseller, who in turn sells them to the bookbuyer (as with a line of modestly priced art books). Alternately, such books may be produced as part of a broader marketing package. For instance, an organization may acquire a number of books (such as its own corporate history or biography of its founder) for use in personnel training and as giveaways to clients; or a nutrition/recipe book may be displayed along with a company's diet foods in non-bookstore outlets. ( see: special sales)

The price of insurance coverage provided for a specified period of time.

The amount of money that the insurance company charges for coverage.

the fee for the insurance

(1) If the market price of a new security is higher than the issue price, the difference is the premium. If it is lower, the difference is called the discount. (2) The cost of purchasing a traded option.

The money you pay to have an insurance plan. In a Part D plan, this is usually a monthly fee.

The consideration payable by the insured for an insurance / The excess over the original value of a thing or over its par value.

The price of an option contract, determined on the exchange, which the buyer of the option pays to the option writer for the rights to the option contract.

Perceived or actual value (realized or unrealized) over and above fair market value of a particular asset or item.

The cost of the insurance policy that the insured pays in exchange for coverage.

the consideration paid for a contract of insurance, often paid monthly, quarterly or annually.

The periodic payment required to keep an insurance policy in force.

The price for insurance coverage as described in the insurance policy for a specific period of time.

the price to obtain insurance as determined by the underwriter.

The annual payment from the individual to the insurance policy to keep the policy active.

The price of insurance an insured person pays for a specified risk for a specified period of time.

Total price of an option: intrinsic value plus time value. Often (erroneously) t...

If the market price of a new share is higher than its issue price. The opposite of discount.

An amount that exceeds the face value or redemption value of a security or of a comparable security or group of investments. It may indicate that a security is favored highly by investors. Also refers to a fee for obtaining insurance coverage.

The monthly amount a patient pays for health care coverage. Premium amounts for Medicare Part B are adjusted annually. Eligible individuals may have their premiums automatically deducted from their Social Security checks. To find out current premium amounts for Medicare Part B, call 1-800-MEDICARE (1-800-633-4227).

The annual cost of health insurance. If your employer requires you to pay part of the premium, you probably pay it through payroll deduction.

Regular monthly payment made to a health or prescription drug plan by beneficiaries for health care coverage. The lowest average premium for a Medicare prescription drug plan is expected to be about $32.

see insurance premium

(1) Amount paid for a bond above the par value. (2) The price of an option contract; also, in futures trading, the amount the futures price exceeds the price of the spot commodity. Related: inverted market premium payback period. Also called break-even time, the time it takes to recover the premium per share of a convertible security.

The amount of money paid into an insurance policy.

When an investment trust trades at a premium its price is higher than the value of its underlying assets as a result of increased demand.

The amount paid to an insurance company to be insured.

There is usually a fixed, yearly fee for enrolling in an insurance plan. This fee is paid whether medical services are rendered or not and is called the premium.

The cost for the life insurance policy. This may be on a monthly, quarterly, semi-annual, or yearly basis.

This is the amount that you will pay which goes to your insurer for the cover purchased. There may be additional costs such as legal expenses, specialist additional products and administration charges, all of which should be clearly highlighted.

The exact installment contributed for a policy by the purchaser. Either as a once off or in monthly installments.

The payment a policyowner is required to make to an insurance company to purchase insurance coverage and to keep the policy in force. Rated Policy A policy issued with an additional premium to cover the extra risk involved if an insured has impaired health, a hazardous occupation or hobby, or is a private pilot.

Amount you pay to purchase medical insurance plan. Premium may be paid monthly, quarterly, semi-annually, annually or for entire duration of the coverage depending upon the insurance policy you purchase.

the payment required to keep your insurance policy in force.

The amount by which a security is selling above par.

The payment made by an employer or individual for the cost of insurance.

The amount by which newly issued shares are traded on the stock market above the share issue price

The amount by which the price paid for a security exceeds its face value.

Payments by a customer to the insurance company for life insurance or annuity coverage. Depending on the type of coverage, premiums may be fixed or flexible.

The money paid to a health plan for coverage. Premiums are usually paid monthly and may be paid in part or in total, by your employer.

The Company's charge for insurance, and the amount paid by the Insured.

Item offered to a potential buyer, free or at a nominal price, as an inducement to purchase or obtain for trial a product or service offered via mail order.

is a payment that a policyholder makes to pay for his/her insurance coverage. Premiums can be paid all at once as a lump sum or as regular payments.

The amount by which the price of a security exceeds its principal amount.

The payment amount required to maintain the insurance policy. Premiums can generally be paid annually, semiannually, quarterly, or monthly bank draft.

the amount payable by the policyholder to cover the costs of insurance.

An amount of money paid to secure risk protection. Option buyers pay a premium to option sellers for an options contract. Similarly, the purchaser of an insurance policy pays a premium in order to obtain coverage.

Regular payments made on an insurance policy. Insurance companies usually charge an annual premium when you open a home owner's insurance policy. For example, if you live in an area that is prone to earthquakes or floods, your premium will be higher to offset the extra risk that an insurance company takes.

The price charged for insurance.

Amount payable on a loan.

The price of an option. It is the sum of the intrinsic value (if any) and the time value.

The amount of money charged a policyowner for an insurance policy.

When a closed-end fund`s market price is more than its underlying net asset value (NAV), it is said to be trading at a premium. So if a fund trading at a 10% premium owns a portfolio of stocks collectively worth $10 a share, the market price for the fund is actually $11 a share. Unlike open-end funds, closed-ends trades like stocks on an exchange, so a fundâ€(tm)s price is determined by investor demand for its shares. An excess of demand can cause the fundâ€(tm)s market price to be more than its underlying portfolio value — the source of the premium.

The period payment required to keep an insurance policy in effect.

The amount you or your employer pays in exchange for insurance coverage.

The amount of money you pay to the insurance company in return for insurance protection.

1) The price or cost of an option determined competitively by buyers and sellers in open outcry trading on the exchange trading floor. 2) An upward adjustment in price allowed for delivery of a commodity of higher grade against a futures contract.

The amount that a policyholder agrees to pay to the insurance company for an insurance policy.

Measures the amount (in %) the underlying share price has to move at expiry date for the investor to break even. Premium = (Call warrant price + Exercise price) - Underlying share price Underlying share price

The total monthly cost of insurance coverage.

The amount by which a bond's selling price exceeds its face value. Also, the amounts paid to keep an insurance policy in force.

A cash sum paid by a new tenant to the existing tenant as consideration for acquiring a lease.

The amount of money you pay your insurance company for your policy.

Above eg the share price of an investment trust may be above the NAV and is said to be at a premium. Also, the price paid to buy the option.

The cost of purchase an option.

In the context of insurance, a premium is the regular sum you pay to keep your cover in force.

This is the money that you will have to pay to your insurer in return for your insurance policy, it is sometimes known as consideration.

In the forex market, it is the total sum of points added to the spot price to predict a forward or futures price.

The amount, if any, by which the price exceeds the principal amount (par value) of a bond. Its current yield will be less than its coupon rate.

The amount by which a preferred stock or debt security may sell above its par value. In the case of a new issue of bonds or stocks, the amount the market price rises over the original selling price. Also refers to that part of the redemption price of a bond or preferred share in excess of face value, par value or market price. In the case of options, the price paid by the buyer of an option contract to the seller.

The amount added to the spot price of a currency to get the forward or future price.

The periodic payment for an insurance policy.

1. When a bond is redeemed at a premium to par, this means that the redemption value exceeds the nominal value of the bond. 2. When a currency is trading at a premium in the foreign currency forward market, this indicates that it is strengthening in the forward market relative to the spot market. This means that a forward premium is deducted from the spot quote to give the forward quote. 3. The price paid to acquire an option. 4. The amount by which the futures price exceeds its fair value.

Amount paid for real estate over and above the expected prevailing price. The value of a mortgage or bond in excess of its face amount. Alternatively, periodic fee paid for insurance protection.

A payment made by a policyholder in return for insurance cover. Policies may be paid by a single premium or by regular premiums. Plural: "premiums".

The amount of money an individual pays into a saving or investment product, as either a lump sum or a regular payment.

Amount the policyholder pays to the life insurance company for the policy. Depending on the terms of the policy, the premium may be paid in one payment or a series of regular payments, e.g., annually, semiannually, quarterly, or monthly.

The amount paid for a property above the expected price, or the value of a mortgage or bond in addition to its face amount.

The amount set by contract to be paid to the insurance company for benefits provided under the contract.

The amount by which a bond or preferred stock may sell above its par value. In the case of a new issue of bonds or stocks, the premium is the amount the market price rises over the original selling price. The premium can also refer to the part of the redemption price of a bond or preferred stock that is in excess of face value, par value or market price. When referring to options, the premium is the price paid by the buyer of an option contract to a seller.

The cost of an insurance policy and other included coverage.

Above par. Used to quote one price in reference to another. In foreign exchange it is above spot.

The amount paid for any insurance policy.

an amount paid on a regular schedule by a policyholder that maintains insurance coverage.

(i) Options, the price a put or call buyer must pay to a put or call seller for an option contract. (ii) The amount by which the market price of a bond exceeds its par value.

The set amount you pay in order to be insured by your individual life, disability or critical illness insurance policy, association plan benefits, or that a plan sponsor (and/or plan members) must pay to maintain a group benefit plan.

Fixed rate you pay monthly, bimonthly, or quarterly for your insurance. Most insurance companies increase their rates at least once a year.

How much you get charged for an insurance policy.

A sum of money paid as consideration for an insurance policy or bond.

The charges or simply contribution which the insured pays to the insurance company so that the insurer will honour their obligation as described in the Operative Clause of the policy. Proposal Form A proposal form is an application form to be filled in by anyone who wants to take out insurance; he or she is then known as the proposer. This is the basis of the insurance contract. The proposer must disclose all relevant facts known to him or her, or which he or she ought to know. Failure to disclose the facts or giving false facts in the proposal form may render the insurance to be voidable. Insurer relies on the facts to determine acceptance of the offer to which the premium, policy terms and condition are set.

(1) The payment an option buyer makes to the option writer for granting an option contract; (2) the amount a price would be increased to purchase a better quality commodity; (3) refers to a futures delivery month selling at a higher price than another, as "July is at a premium over May."

The actual amount of money paid in respect of an insurance policy.

rate per unit of coverage multiplied by number of insurance units purchased that the owner pays

usually, the difference between an IPO price and its opening price, although some investors consider the difference between the IPO price and its price at the close of the first day to be a better measure of the IPO premium

A regular payment paid for an insurance policy that provides protection against a risk.

A sum paid in addition to the market value of an asset. Opposite to discount. A contribution due to life assurance, investment or pension policy The price that put or call buyer must pay to a put or call seller for an option contract over and above its intrinsic value. The amount by which the market price of a bond exceeds its par value.

The sum of money that an option buyer pays for the right to acquire the option, and that an option seller receives for incurring the obligation the option entails. Option premiums are expressed as a cost in Rs.per share. The total cost of an option contract for 1,00 shares (referred to as a ‘lot') would therefore be 1,00times the premium, e.g. one contract with a premium of Rs.14 would cost Rs.1400 (100x14).

This term refers to an establishment's pricing structure for alcohol. Well is the cheapest priced liquor (possibly a no-name brand, Call is a moderately priced liquor (such as Jim Beam), and Premium is an expensively priced liquor (such as Johnny Walker Red).

The amount paid to the option seller or writer for assuming the risk that he or she may have to buy (for puts) an underlying security for more than the market price or sell (for calls) at less than the market price. The amount by which a preferred stock or bond may sell above its par value. In the case of a new issue of bonds or stocks, premium is the amount the market price rises over the original selling price. May also refer to that part of redemption price of a bond or preferred stock in excess of par.

The amount of money required to keep a policy in force. It is determined by the rate class and the underwriting evaluation of the risk.

in insurance and bonding, the consideration to be paid for a policy or bond. "Premium" refers to the price a particular insured pays for a particular policy, while RATE refers to the base cost of a unit of insurance before applying other factors to produce the premium. This term has a variety of meanings in other business practices.

The cost of an insurance policy; the charge the policyholder pays for the insurance protection.

The amount by which the auction price of a bill, note, or bond is higher than its face value.

The payment a policy owner is required to make for an insurance policy to remain in force.

The money paid by the insured to the insurer for cover as provided in the policy.

(1) the amount a price would be increased to purchase a better quality commodity; (2) refers to a futures delivery month selling at a higher price than another, as "July is at a premium over May;" (3) cash prices that are above the futures price, such as in foreign exchanges. If the forward rate for Italian lira is at a premium to spot lira, it is selling above the spot price. See Contango, Discount; (4) the money, securities or property the buyer pays to the writer for granting an option contract.

The fee you pay for insurance, usually a recurring expense paid at fixed intervals.

1 --The price paid by the purchaser of an option to the grantor (seller). 2 --The amount by which a cash commodity price trades over a futures price or another cash commodity price.

It is used in several ways. It can refer to the value of an option, the amount that a credit instrument or an equity share is available over its par value, or the price differential due to quality or location characteristics of commodities.

1. Amount by which a forward price is above the spot price. 2. The price of the option which the purchaser of the option pays the option writer.

(1) A bond trading in the market above its par value. (2) The amount a bond's current price exceeds its par value. (3) The amount a bond's redemption price exceeds its par value. Known as the call premium. (4) The market price of an option contract set by supply and demand.

Anything offered to the sub-scriber as an added incentive contingent upon ordering a magazine subscription (or renewing it) or buying a newsstand copy. Printed or online-delivered premiums that tie in closely to a magazine's editorial mission are called editorial premiums; all others are called product premiums (or, flippantly, “greed premiums”). Premiums are usually withheld until a subscription is paid. BPA now refers to premiums as “free promotional incentives.” One or more free copies of the magazine are considered premiums, as opposed to “samples” (see definition), if they are offered as an extension of or part of a subscription. Presort: The process by which a mailer prepares mail so that it is sorted to at least the finest extent required by the standards for the rate claimed. In order to qualify for various postal discounts, mailers or their suppliers presort mail to various levels, from the lowest (finest) level to the highest level, according to three- and five-digit zip codes, carrier route, walk sequences, entry points and other specified standards as defined by the U.S. Postal Service.

Anything that is offered to the subscriber as an added incentive to purchase a magazine subscription or single copy. One or more free copies of the magazine are considered premiums, as opposed to "samples" (see definition), if they are offered as an extension of or part of a subscription. Premiums are usually withheld until a subscription is paid. Printed pieces that tie in closely to a magazine's editorial mission are called editorial premiums; all others are called product premiums (or, flippantly, "greed premiums").

Typically an item offered by stations as an incentive for listeners to pledge financial support during fundraising periods.

means anything of value offered, promised or given to a prospective customer as an incentive to attend a presentation for the sale, lease or use of a timeshare interval or to tour or visit a timeshare project..

Merchandize offered at reduced price or on a no-charge basis an incentive for customers to make a purchase.

Incentives given to a prospective customer to attend a sales presentation.

A free item offered to a potential buyer to make them use a service, buy a product, or sign up for a subscription.

The addition of a gift to an offer to induce greater response. Usually a buyer who responds may keep the premium, which raises the cost per completed sale, even if the product ordered is subsequently returned or cancelled.

a free gift sent to a potential customer or donor either with the mail piece (front-end) or after the prospect has responded (back-end).

An additional item offered to your customers as an inducement to product purchase or trial.

Product, imprinted or not, that is given for performing some task or duty, e.g., a gift with a purchase.

something offered free to promote a good or service. Fast food restaurants offer toys with a child's meal. An attorney may offer a free consultation to attract new clients.

A free goodie sent to prospects to entice them to lay out their money on your product or service.

A product or bonus gift received by a consumer or business as a result of responding to a direct mail offer.

See Bonus.

The cost, often quoted in terms of dollars or pips per day, of holding an open position.

The cost of holding an open position. Often quoted in terms of dollars or pips per day.

A charge applied either to an employer and/or participant that represents the costs of healthcare.

Cost of the complete annuity portion of the settlement.

The total cost of an annuity contract.

Rate that a subscriber (either an employer or an individual) pays for a health benefit plan.

A prepaid payment or series of payments made to a health plan by purchasers, and often plan members, for medical benefits.

The payment a subscriber must pay in order to maintain medical benefits.